Gateway South is a development opportunity that was offered by Baltimore City and was awarded to the Cormony Development team in January, 2007 after a competitive RFQ and RFP process.
Gateway South is a marquee, eleven acre, underdeveloped, underutilized, Brownfield site made up of multiple parcels on the waterfront in south Baltimore City. It forms a principle gateway into the City from the airport, Annapolis, Washington D.C. and all other points south. It is bordered by the Camden Yards sports complex to the north, the Middle Branch of the Patapsco River to the east, Russell Street to the West and interstates I-295 and I-95 to the south. The Hanover Street Light Rail Station is less then a half mile away at the Camden Yards Sports Complex, the MARC Train Station is just north of that (also at the Camden Yards Sports Complex) and the fourteen mile long Gwynns Falls Trail runs immediately adjacent to the site.
The site has phenomenal access to the highway system as it is immediately off of both I-95 and I-295. Public transportation (via the Light Rail and the MARC Train) is within a 10 minute walk. The adjacency to Baltimore’s sports center (the Camden Yards Sports Complex, home to Oriole Park and M&T Bank Stadium), Baltimore's tourist and recreational district and the City's growing residential communities (including Federal Hill and South Baltimore, the proposed Westport development and Downtown) offer a tremendous opportunity. The site's location between the major thoroughfare of Russell Street (I-295) and the 395 ramp/bridge into the City off of I-95 creates the most directly visible location in Baltimore, with 40% of the City's daily commuter traffic driving directly by the site. The irreplaceable location on the waterfront, the City Park and the scenic bike trail provide an additional opportunity to create a special experience. Additionally, the project will extend the City’s growth south from the Inner Harbor.
The development plan (which has already received master plan approval from the City) is for an active and lively transit oriented mixed use project that includes 1,000,000 sf of class A waterfront office space, 150,000 sf of retail, a 90,000 sf indoor sportsplex, a 70,000 sf multimodal transportation terminal, parking and a rehabilitated site on which to locate the development and with which to connect the City’s greater open space network.
The ground level of the project is being developed as an urban, waterfront sports and recreation complex modeled after Chelsea Piers in New York City with a modern, glass office structure above. The vision includes the sportsplex, with a glass enclosed rock climbing wall adjacent to the water, a state-of-the-art fitness center, other recreational components and supporting retail, such as a sporting goods store, a specialty bike shop, restaurants and other fitness and recreational oriented retail.
The ownership structure includes Baltimore Ravens linebacker Ray Lewis. The Ray of Hope Center (Ray Lewis’ foundation to be created at Gateway South) is envisioned as a tutoring, life skills and mentoring center that will use the project’s sports/recreation venues in its programming and base of office users for its mentoring program.
The project is envisioned as a truly diverse place that will attract everyone from the Baltimore-metropolitan area and beyond.
Additionally, Gateway South is a sustainable development that is committed to LEED certification (or some other potentially comparable designation). Gateway South is a great, visible location for green roofs. This creates a spectacular opportunity for a very visible and public project to be developed “green.” The developer is also committed to facilitating the restoration and conservation of the site’s natural environment, and the incorporation of the project into the site. To this end the Team is working diligently to improve the adjacent and surrounding areas as well.
The project is a big job creation vehicle for the City with over 1.3 million square feet anticipated in the program. The project will also generate significant new tax base for the City. The project will also benefit from the opportunities associated with being located in an Enterprise Focus Area.
For more information contact:
Laura Steichen
laura@cormonydevelopment.com
Baltimore
3401 Greenway, Suite 51
Baltimore, MD 21218
410-235-1151
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